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(ShareCast News) - The government may begin the process of selling down its 79% stake in Royal Bank of Scotland this week at the behest of Chancellor George Osborne. A sale of a £2.5bn chunk of shares, equivalent to 6% of the company, could begin in the coming days, the Sunday Times said. The Treasury has been targeting a sale price of 502p per share after the bank was bailed out by the taxpayer in 2008, but has accepted it will make a loss. At Friday's closing price of 341p, the government's stake is worth £17.3bn.

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(ShareCast News) - Shares of Aggreko are worth holding, wrote Dannny Fortson in the Sunday Times' Inside the City column. New chief executive Chris Weston took over in January and his review of the temporary power supplier is to be unveiled on Thursday along with interim results. A dose of redundancies and cost-cuts looks likely, with a new focus on efficiences. A profit warning nine days ago sent the shares crashing 15%. You could look for the positives and hope that with that out of the way and a big strategy rejig coming, better days may lie ahead. But Fortson is more cautious. 9 hours ago

(ShareCast News) - The first week of August will see two keenly watched economic releases, one on each side of the Atlantic, with the Bank of England's 'Super Thursday' and Friday's non-farm payrolls (NFPs) in the US. 2 days ago

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Disclaimer: This news feed is provided by Digital Look Ltd. BullBearings Ltd do not necessarily share the views expressed within the stories. The stories are for general information purposes only and not a solicitation or personal reccomendation to deal. BullBearings Ltd accepts no liability or responsibility for any of the content contained in the information provided by Digital Look Ltd.

This week it has been difficult to avoid news about the Chinese stock market crash. On Monday the Shanghai Composite Index fell by more than 8% and over the last three months it’s down by more than 30%.

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